A rare Gdansk ducat of Michał Korybut Wiśniowiecki.
The third and last vintage of a short issue of Wiśniowiecki ducats in Gdańsk.
Piece slightly bent, but in mint condition, with beautifully preserved mirror on both sides. Relief untouched by circulation, slightly deficient on the royal portrait.
A sought-after ducat in nice state of preservation.
Obverse: bust of the king to the right
MICHAEL DG REX POL MDL R P
Reverse: two lions supporting a city shield, above the shield a wreath, between the lions' paws initials D-L Daniel Lesse
MON AUREA CIVITAT GEDANENS
Gold, diameter 23 mm, weight 3.51 g
The monetary situation during the reign of Michal Korybut Wisniowiecki called for deep reform. The Republic was inundated with coins issued on a large scale back in the reign of Jan Kazimierz - sub-value boratines and tymphes. However, the monetary reform was not carried out. The Sejm did not approve the trial zlotys (coins worth 1/3 of a thaler, weighing 9.52 grams and containing 7.14 grams of pure silver) presented in 1671 by treasurer Jan Andrzej Morsztyn. This is because it was broken. Sample two-dukats from the same year have also survived to our times. City mints in Gdansk, Torun and Elblag issued coinage shekels and gold coins during this period.